Just wanted to say I received mine just a few hours ago and it's up and running. Near silent (especially next to my miner that's louder) and using 198w at the wall (single board). Great job Philipma, now I just gotta cross my fingers on cksolo pool!

How much exactly did this rig setup cost you? I'm sure that's over 20k dollars well I'd rather invest half of that money on proof of stake coins, running rigs will be pain in the ass everyday, there are other things to be worried about like electricity cost and heat too, fire break out can happen, it happened to me once when mining and not at home

Most proof of stake coins are shit, I don't expect any of them to last until ethereum changes that. I think op is doing good, especially if he has low power cost and the heat isn't bad. GPU aren't exactly my preferred method right now and do require a lot of keeping up with the newest generation to be the most efficient but definitely not a bar thing.

I will save you the hassle of investigating further and just say that there is nothing that you can mine on that laptop. You shouldn't ever even mine on a laptop due to a fire risk of the battery exploding.

Right now mining is very competitive and BTC even had a halving which makes it more competitive. The cheapest way to mine if you still want to is to get a desktop and buy a RX 470 8GB GPU for like $100 and mine ETH, you will make like $0.25 a day before electrical, after electrical probably nothing. So if you want to get involved in crypto just buy the coins directly as an investment. If it was that easy to mine with a $50 laptop, everybody would be doing it.

Thank you for the valuable suggestion, bitcoin mining is no more profitable for beginners and for those who don't have specific hardware to mine. Even then on this thread we see options like

Trust me, every coin is quickly optimized and with difficulty makes it unprofitable for random hardware like a laptop, especially with the cost of damage to components not meant for that kind of workload and heat. If you really want to mine instead of buy coin, you will need to build a rig or or learn about an alternative.

I have a HP laptop not very special just a normal one with 500 GB HDD, 8 GB RAM and Core i5 Processor. I don't my laptop has expensive components that I can use to mine any coin that requires extensive processing.

I will save you the hassle of investigating further and just say that there is nothing that you can mine on that laptop. You shouldn't ever even mine on a laptop due to a fire risk of the battery exploding.

Right now mining is very competitive and BTC even had a halving which makes it more competitive. The cheapest way to mine if you still want to is to get a desktop and buy a RX 470 8GB GPU for like $100 and mine ETH, you will make like $0.25 a day before electrical, after electrical probably nothing. So if you want to get involved in crypto just buy the coins directly as an investment. If it was that easy to mine with a $50 laptop, everybody would be doing it.

Better just buy the $100 worth of coin, whatever coin he's wanting and one he also likes and possibly trade back and forth with them and never changing the orderbooks to be only at a profit. Slow a way to possibly profit but probably better than mining.

Alright, I'm a bit slow, so using brains and undervolting how low were you able to get the wattage of a single board unit? Are you still planning on doing single board units? My use case is a lot less space heater and a lot more cheap desk piece cksolo pool.

I have the original 1 board unit built months ago.

I can hook it up today and go to 2th, 2.5th, 3th and see what it does. for each setting.

I will sell the 1 board unit to you. I am pretty sure I can get it to do 200 watts and say 2.2th lets find out. I will post back later today.

Alright, I'm a bit slow, so using brains and undervolting how low were you able to get the wattage of a single board unit? Are you still planning on doing single board units? My use case is a lot less space heater and a lot more cheap desk piece cksolo pool.

The government would do a piss poor job at hiding if they were behind Bitcoin, they would have quickly and effectively been extremely probitcoin and pass tons of things for it and Congress would have a ton invested in it all about. That's not the case, I believe there's too much corruption in government for that to not have taken place if it was behind Bitcoin.

Difficulty keeps everything equal, if more miners drop because of the price going down,, the ones with more efficient hardware or lower power are still profitable and as difficulty drops they would earn more. Essentially it would be a big spike back and forth until it hits an equilibrium even if the price dropped super super low. You'd always have someone mining it, even if unprofitable, I know plenty of home miners would jump back on as speculative or just to support the network even if the price was extremely low.

Definitely just buy coins, mining is more of an active thing to keep profitable, research, mining the correct algorithms and coins at the right time, selling at peaks versus valleys (which swing wildly with low market cap coins)

Legendary author, J.K. Rowling, has recently shown her interest in Bitcoin over Twitter.'

Yeah its indication that new people are coming, halving doing its job of getting media attention aside from its real purpose.Its actually a good thing for Bitcoin , you ask if to short it now. Noone knows that, only nostradamus, because it could be another run to $20 k or it can go down, time will tell.

See I'm at the point that I don't care about random celebrities (if you can call her that) being interested in Bitcoin, I figure most people are aware what it is now. I guess more advertisement is good?

its more like every other thing. on start everybody is in same boat and have same options.as time go, things are consolidating around big funds/corporations.

mining is still super good bussiness, but not for single enteties. You need good connections to sellers of hardware, to developers of software.

Basically the reason why everyone is in the same boat is the same reason why its unprofitable to mine. If nobody was mining then it would be very profitable to mine. I remember back in 2016 right after ETH topped at like $20 and started to drop due to DAO hack, mining was being very unprofitable. However you still made like $2/per gpu/day. And right before this people were pulling in like $5/gpu/day. Then eventually 2017 started and you all know what happened right after.

So at the end of 2016 the price wasn't the greatest however there was still profit to be made, why? Because not as much people as today were mining. Now its very difficult because the FOMO we got in 2017-2018 made many people discover mining and how its "free money" and hence why the difficulty is so high and basically nobody makes any money anymore.

Mining is dead for the single home miner if they're lazy, if you look into it, get creative and are willing to put up higher initial cost you're mining at a profit even with realistic power cost.

If you are a GPU miner, have a look at Ravencoin (RVN). Its profitability is much better since they changed algo to Kawpow (ProgPoW variant) 9 days ago. Good option for all those 3GB GPUs that can't mine ETH/ETC anymore. 2GB GPUs can't mine RVN though.

Are there any current gpu that any miner would even use that has 2gb vram? Seems like it would be so old and inefficient it wouldn't make sense if the card had 2gb.